Brokerage firm has elevated occupancy at building from 57% to 86% this year
Lee & Associates Maryland, a fully-integrated commercial real estate brokerage and management firm has brokered a 23,439 square foot lease with UTZ Quality Foods at 8909 McGaw Court in the Columbia section of Howard County. The building is owned by Velsor Properties. Allan Riorda, SIOR, Principal, Kate Jordan, SIOR Principal and Marley Welsh, Senior Associate represented the landlord in this transaction. The lease elevates the occupancy of the 141,000 square foot warehouse and industrial building to 86%, a figure that stood at 57% this February.
8909 McGaw Court is a single-story building featuring 18-22 foot ceiling heights, multiple platform loading docks and large bays that offer outstanding flexibility for end-users. It is situated near Snowden River Parkway and offers immediate access to Maryland Route 175 and Interstate 95. UTZ Quality Foods intends to utilize the location for logistics and warehousing to serve the greater Baltimore-Washington, D.C. marketplace.
In addition to UTZ Quality Foods, Lee & Associates has brokered leases this year with Classic Brands (18,759 square feet); NEAR Communications (9,401 square feet) and Game of Rooms (8,802 square feet).
“8909 McCaw Court continues to be the building of choice among companies seeking a highly-flexible space for light manufacturing, warehousing or logistics/distribution requirements,” explained Allan Riorda of Lee & Associates. “In UTZ Quality Foods, we have attracted another high-credit company with a strong track record of success within the snack foods industry. We are closing in on achieving full occupancy of the project with approximately 20,000 square feet of space remaining.”
Lee & Associates is a commercial real estate brokerage, management and appraisal services firm. Established in 1979, Lee & Associates has grown its service platform to include offices in the United States and Canada. Lee & Associates provides superior market intelligence in office, industrial, retail, investment and appraisal to meet the specialized needs of our clients. Visit www.leeassociates.com.
